The increase in foreign tourists to Brazil in 2016 is projected to be 10 percent to 15 percent greater than in 2015, the Brazilian Tourism Board projected after Rio de Janeiro was selected Friday to host the 2016 Summer Olympics. Rio will be the first South American city to host the Olympic Games.

The increase in foreign tourists to Brazil in 2016 is projected to be 10 percent to 15 percent greater than in 2015, the Brazilian Tourism Board projected after Rio de Janeiro was selected Friday to host the 2016 Summer Olympics. Rio will be the first South American city to host the Olympic Games.

Coming off a year that has seen prices fall in all business travel categories, American Express forecasted that prices will rise modestly across most segments in 2010, but not U.S. hotels. In North America, AmEx said it expects mid-range hotels to see rates fall 1 percent to 4 percent while those at the upper end will see larger reductions of 3 percent to 6 percent.

The travel industry is reeling from the economic recession, but few segments are as challenged as corporate travel. Amid double-digit declines in traveler demand and revenue, the corporate travel landscape is undergoing a major realignment.

The travel industry is reeling from the economic recession, but few segments are as challenged as corporate travel. Amid double-digit declines in traveler demand and revenue, the corporate travel landscape is undergoing a major realignment.

The travel industry is reeling from the economic recession, but few segments are as challenged as corporate travel. Amid double-digit declines in traveler demand and revenue, the corporate travel landscape is undergoing a major realignment.